SPX 5 min

    Posted by matt on 18th of Jun 2009 at 11:59 am
    SPX 5 min.png

    looks like a small bullish consolidation triangle intra day, could go up from here

    SPX 5 min.png as I stated

    Posted by matt on 18th of Jun 2009 at 12:51 pm

    SPX 5 min.png

    as I stated earlier, it was my thought that the intra day triangle would break to the upside,

    Now what is going to

    Posted by macbeth on 18th of Jun 2009 at 01:28 pm

    Now what is going to happen ? The $64,000 question !

      see my 15 min chart,

    Posted by matt on 18th of Jun 2009 at 01:33 pm

     

    see my 15 min chart, the 38% or 50% fib would be potentialfor this bounce. May or may not get there. 

    Thanks Matt. Really appreciate your

    Posted by macbeth on 18th of Jun 2009 at 01:53 pm

    Thanks Matt. Really appreciate your daytime intermediate charts and comments on the SP500.

    S&P 15 min

    Posted by jtverr on 18th of Jun 2009 at 01:49 pm

    Matt,

     

    If wave four equals .382 of wave 3 then that measures around 16 points for wave 4.  If that is the case, then wave 4 should now be complete and we move down from here?  Asking.    Joe

    shall we use this pop

    Posted by siewyin on 18th of Jun 2009 at 12:04 pm

    shall we use this pop to short ?

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